5 jobs found

California’s premier multifamily affordable housing lender. Responding to California’s ongoing affordable housing challenges has been its business for 32 years. Specialize in programs for families and seniors, citizens with special needs, veterans and housing for formerly homeless residents. Backed by major retail banks, insurance companies and pension plans, serves the entire state of California and has delivered in excess of $2 billion in financing, services and technical assistance that have made it the lender-of-choice of California’s affordable housing development community.   JOB SUMMARY   Responsible for the oversite and review of loans on behalf of investors. Reviews property data and analyzes performance of credit and prepares loan reviews. Maintains ongoing communication with borrowers on matters requiring lender consent.   PRINCIPAL RESPONSIBILITIES AND DUTIES   Ensures timely receipt and...

Purpose: Manage a defined portfolio of affordable housing communities, ensuring the financial performance and service levels are in alignment with mission-based goals and performance targets set by the company.   Key Accountabilities: ·         Maintaining detailed working knowledge of each project within your portfolio. ·         Monitoring asset performance by collecting, reviewing, analyzing and reporting on asset financials, including monthly financial reviews, monthly and quarterly portfolio reporting, internal cash flow modeling and forecasting, annual budgeting of revenue, and expenses and capital expenditures. ·         Overseeing and monitoring the achievement of benchmarks such as construction completion, qualified occupancy, stabilization, and permanent loan conversion of LIHTC projects....

The Senior/Chief Estimator is responsible for accurately supervising and estimating the costs associated with drywall projects for commercial clients. This role plays a critical part in the bidding process, providing detailed and competitive estimates that contribute to securing profitable contracts and ensuring the successful execution of projects. The estimator is position is critical to growing revenue through client relationships and competitive, accurate bidding. Key Accountabilities: 1. Project Assessment: - Review project specifications, drawings, and other relevant documents to understand project requirements. - Conduct on-site assessments to gather information and assess project scope. - Identify potential risks, challenges, and opportunities that may impact project costs. -Read project plans and specifications to determine the total project scope. 2. Cost Estimation: - Prepare accurate and detailed cost estimates for drywall projects, including...

JOB SUMMARY The position supports the underwriting process for permanent financing of mortgage and tax- exempt bonds secured by multifamily affordable housing developments within the State of California. Specific tasks include site inspections, appraisal review, pro-forma analysis, analysis of sponsor’s financial statements, and assisting with the preparation of loan underwriting credit packages. The position will also assist in analyzing existing commitments in the process of converting and funding to verify accuracy of underwriting at commitment. Interface extensively with team members and some sponsor/borrowers as analysis is performed. PRINCIPAL RESPONSIBILITIES 1.      Assist in the underwriting of permanent debt on affordable multi family rental projects utilizing 9% tax credits and 4% credits in tax exempt bond transactions within California. Analyzes project pro-forma sources/uses, appraisal, market studies, environmental...

KEY RESPONSIBILITIES   ·         Supports the Head of the Originations Department to provide business development and underwriting oversight to team members. Uses independent judgment and provides guidance to relationship managers and analysts in analyzing project pro-forma sources/uses, appraisal, market studies, environmental reports, sponsor financial statements, and other due diligence. ·         Provides guidance to loan origination team members on deal structuring for term sheets on prospective transactions. Support Originations by compiling and summarizing portfolio metrics on an as-needed basis. Coordinate with Fiscal Services department as necessary to gather data ·         Coordinate with the Asset Management department to confirm underwriting is consistent with existing portfolio performance....